If I can help you on anything please contact me through BP at any time.I know that they typically make more on their rental money because of how they are rented.  

Very impressive portfolio...I would love to connect and help where I can so you can achieve the volume you are striving for!

We were going to start gifting them money to help cover those expenses when the idea came up of buying their house to give them a cash infusion.

I'd be happy to help and share some of the things we may have done differently. 

Converting your STR to a primary residence for 2 years can help avoid some capital gains taxes under the Section 121 exclusion (up to $250K or $500K if married), but it won't eliminate depreciation recapture.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

AI and tech are helping loads with attracting guests and streamlining efforts in management.

Make sure your listing is SEO optimized with the right keywords to attract more renters—many property management companies can help with this, along with tenant screening and payment management.

In your case, since your parents own the properties and you’re helping them out, you may not be able to claim those deductions unless they pay you for your services.

@Don Konipolthank you all for the responses, very helpful.